Asia Mid-Day Market Report - Wednesday, July 9th 2008
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Asian Currencies & Euro at our mid-day (previous day's figures in brackets)
Sing Dollar 1.3619 (1.3621), Mal Ringgit 3.2475 (3.258), Indo Rupiah 9184 (9198), Euro 1.5675 (1.5705) Indian Rupee 43.095 (43.335), Thai Baht 33.68 (33.64), Phil Pesos 45.599 (45.252), Japanese Yen 107.30 (107.11), Chinese Yuan 6.8585 (6.8562)
Asian Stock Exchanges at mid-day were higher - (Dow Jones – up 152.25 to 11,384.21)
STI 2,912.50 up 25.88 points, KLCI 1,131.49 up 10.24 , Jakarta Composite Index 2,290.42 up 11.44 points, Hang Seng Index : 21,809.94 up 589.13 points, Nikkei 225 : 13,205.35 up 172.25 points
Petroleum Oil Prices
In US closing Light Sweet Crude for Aug delivery closed down USD5.33 to USD136.04 per barrel. In Asian trading hours midday Aug delivery closed up USD0.48 to USD136.52 per barrel.
CBOT closing yesterday :
Soybeans : July 1570.5 -18.5, Aug 1549 -30, Sept 1544 -23.25
Soyoil : July 63.65 -1.24, Aug 63.60 -1.47, Sept 63.80 -1.63
Mid-day E-CBOT :
Soybeans : July 1572.75 +11.75, Aug 1561.50 +12.5, Sept 1550.50 +12.5
Soyoil : July 63.41 +0.03, Aug 64.40 +0.86, Sept 64.37 +0.47
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : July 5600 unch, Nov 5022 +23, Jan 4936 +42
Soyoil : July 11290 +140, Aug 11384 +10, Sept 11512 +84
Palm Oil : Sept 10478 +36, Oct 10500 unch
MDEX as at the morning close :
Month Last High Low Volume
July 2008 3420 +10 3435 3420 21 lots
Aug 2008 3423 -7 3458 3422 170 lots
Sept 2008 3445 -9 3486 3439 2,099 lots
Oct 2008 3458 -13 3500 3451 1,204 lots
Volume at 12.30 p.m : 4,494 lots for the morning session
The open interest on the MDEX is at 45,744 lots (44,670 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : July 1190s, AS 1190s/1180b OND 1190s/1180b fob PK/PGG
Traded OND 1185 + 1187.50
RBDP Oil : July 1150s, AS 1150s, OND 1150s fob PK/PGG
RBDP Stearin : JAS 955s PK/PGG
PFAD : JAS 695 fob PK/PGG
CPO - FOB Belawan/Dumai : July 1100s/1080b, AS 1100s/1080b, OND 1100s/1080b
Local Crude Palm Oil : South - July RM 3480s/3440b, traded 3440
Local CPKO : South - July RM 250s
Central - July RM 250s
RBDPKO - July USD1450 pmt fob Malaysian ports.
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Posted at 09:49PM Jul 08, 2008 by MarketReports admin in Asia Mid-Day |